Based on the directions of the Chairman and the Board, we have embarked upon building Novel Muscat International LLC developing most enduring businesses with a clear strategic alignment with our ambitious goals. While we will create value for the shareholders with a clear and compelling purpose. At the same time leave a lasting positive impact on the communities we serve.

Every project within the company’s portfolio has been carefully evaluated and selected — to achieve the diversification objective and build lasting industries in creating value added products and import substitution. We will align with the Oman’s Vision 2040 and contribute meaningfully to Oman’s long-term development. The talent development within the organisation, combined

with a disciplined strategic vision and capturing the considerable opportunities offered by Oman, makes our company well-positioned for the future.

The company’s growth strategy is underpinned by three core commitments:

Innovation-led growth — Novel Muscat International LLC actively pursues ideas and technologies that challenge conventional landscape and create competitive advantage.

Strategic partnerships — Lasting success built through collaboration, develop relationships with industry leaders and collaboration with government agencies are central to how we plan to deliver value to our stakeholders.

Responsible operations — From ethical resource extraction in mining to community-focused digital platforms, we will operate with a long-term sustainable operation. We will ensure that our growth will create opportunity with community alignment.

The Soda Ash and Silica Complex, the Airport Cargo and Port Community Systems, the Dolphin Island project, and the company’s expanding real estate and mining operations collectively position Novel Muscat International LLC as one of Oman’s most forward-looking and diversified investment enterprises.

This is a company built for the long term — one that understands its success is inseparable from the success of the stakeholders and the nation.

Su. Siva Kumar

Managing Director, Novel Muscat International LLC